GMEV (GME Innotainment) ROC (Joel Greenblatt) %: 37.45% (As of Sep. 2015)

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What is GME Innotainment ROC (Joel Greenblatt) %?

GME Innotainment GMEV -98.00% ROC (Joel Greenblatt) % is 37.45% as of Sep. 2015.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. GME Innotainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was 37.45%.

The historical rank and industry rank for GME Innotainment's ROC (Joel Greenblatt) % or its related term are showing as below:

GMEV's ROC (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 11.71
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

GME Innotainment's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


GME Innotainment  (OTCPK:GMEV) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


GME Innotainment ROC (Joel Greenblatt) % Related Terms


GME Innotainment ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for GME Innotainment's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GME Innotainment ROC (Joel Greenblatt) % Chart

GME Innotainment Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -7.88 -4,136.00 0.00 0.00 0.00

GME Innotainment Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 666.67 37.45

GMEV vs SGSI, PCTL, SYEV: ROC (Joel Greenblatt) % Comparison

For the Pollution & Treatment Controls subindustry, GME Innotainment's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GME Innotainment ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GME Innotainment's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where GME Innotainment's ROC (Joel Greenblatt) % falls into.



GME Innotainment ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.701 + 0 + 3.642) - (6.42 + 0.787 + 0.063)
=-2.927

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.371 + 0 + 5.05) - (6.966 + 0.989 + 0.0039999999999996)
=-2.538

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of GME Innotainment for the quarter that ended in Sep. 2015 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2015  Q: Sep. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.044/( ( (0.123 + max(-2.927, 0)) + (0.112 + max(-2.538, 0)) )/ 2 )
=0.044/( ( 0.123 + 0.112 )/ 2 )
=0.044/0.1175
=37.45 %

Note: The EBIT data used here is four times the quarterly (Sep. 2015) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 37.45% mean?
GME Innotainment (GMEV) has a ROC (Joel Greenblatt) % of 37.45% as of Sep. 2015. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on GME Innotainment and its competitors.
Is GME Innotainment's ROC (Joel Greenblatt) % too high?
GME Innotainment's current ROC (Joel Greenblatt) % is 37.45%. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. GME Innotainment's value of 37.45% is 219.8% above this industry median.
How does GME Innotainment's ROC (Joel Greenblatt) % compare to SGSI and PCTL?
GME Innotainment's ROC (Joel Greenblatt) % of 37.45% can be compared against companies in the Industrial Products industry. The industry median ROC (Joel Greenblatt) % is 11.71. GME Innotainment's value of 37.45% is 219.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,061 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GME Innotainment's current ROC (Joel Greenblatt) % of 37.45% is 219.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on GME Innotainment and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GME Innotainment's current ROC (Joel Greenblatt) % is 37.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GME Innotainment stock overvalued right now?
GME Innotainment (GMEV) has a current ROC (Joel Greenblatt) % of 37.45%. The current ROC (Joel Greenblatt) % is 37.45% and 219.8% above the Industrial Products industry median of 11.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For GME Innotainment (GMEV), the current ROC (Joel Greenblatt) % is 37.45% as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GME Innotainment Business Description

Address 208 East 51st Street, Suite 170, New York, NY, USA, 10022
GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.